How Does Bridgewater, the World’s Largest Hedge Fund, Really Make Its Money?

How Does Bridgewater, the World’s Largest Hedge Fund, Really Make Money?

From The New York Times, “How Does the World’s Largest Hedge Fund Really Make Its Money?”

“Many of the rules dealt simply with trends. They suggested that short-term moves were likely to be indicative of long-term ones and dictated following the momentum in various markets.”

No surprise there.

I believe most successful investment programs ultimately focus on positioning in the direction of prevailing price trends.